To view the PDF file, sign up for a MySharenet subscription.

DRD - DRDGOLD Limited - Exercise of options and sale of shares

Release Date: 07/11/2011 17:47
Code(s): DRD
Wrap Text

DRD - DRDGOLD Limited - Exercise of options and sale of shares DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1895/000926/06) JSE share code: DRD ISIN: ZAE000058723 Issuer code: DUSM Nasdaq trading symbol: DROOY ("DRDGOLD") EXERCISE OF OPTIONS AND SALE OF SHARES In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, the following information regarding a transaction by a director of a major subsidiary of DRDGOLD, Blyvooruitzicht Gold Mining Company Limited is disclosed: Name of director: Mr O O`Brien Nature of transaction: Exercise of options in terms of the Durban Roodepoort Deep (1996) Share Option Scheme and subsequent sale of shares Date of exercise of options: 31 October 2011 Date of sale of shares: 3 November 2011 Class of securities: Options in respect of DRDGOLD ordinary shares Number of options exercised and 47 800 at R3.88 per share strike price: Total value of transaction: R185 464 Number of shares sold and 47 800 at R5.24 selling price: Total value of sale: R250 472 Number of options exercised and 130 000 at R3.50 per share strike price: Total value of transaction: R455 000 Number of shares sold and 130 000 at R5.26 selling price: Total value of sale: R683 800 Number of options exercised and 96 700 at R3.69 per share strike price: Total value of transaction: R356 823 Number of shares sold and 96 700 at R5.26 selling price: Total value of sale: R508 642 Nature of director`s interest: Direct beneficial Exercise of options was completed off-market and sale of shares concluded on-market In compliance with paragraph 3.66 of the Listings Requirements, prior clearance to deal in the above securities was obtained from the Chairman of the Board. The above trades were completed outside of a closed period. Roodepoort 7 November 2011 Sponsor One Capital Date: 07/11/2011 17:47:56 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Share This Story